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Jan 17, 2013
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all of those things are in big, big trouble. >> bob: it's up there with taxes. healthcare. immigration. education is below it. >> andrea: he can't do both or he won't? >> bob: first, you listen to these things the reason we're in trouble is the republicans refuse, they are holding us hostage on that. >> dana: that is not fair and it's not true. >> bob: it is too true. if they would come up dopped the right thing. >> dana: was it true in 2007 when obama voted against -- >> bob: i talked about this. a bad mistake to do it now. no it's the republicans fault? it is the republicans fault. unemployment increase for 15 straight months, manufacturing up. trade up. you look around the economy and things you listed you can pick them out. economy is growing across the board. back to a recovery. a strong recovery. >> greg: do you think in a weird way this is a distraction? there is another gun violence going on. going on in chicago. they choose not to discuss. that is interesting. >> andrea: wyoming and texas taking it in their own hands. >> bob: sometimes presidents take something and
all of those things are in big, big trouble. >> bob: it's up there with taxes. healthcare. immigration. education is below it. >> andrea: he can't do both or he won't? >> bob: first, you listen to these things the reason we're in trouble is the republicans refuse, they are holding us hostage on that. >> dana: that is not fair and it's not true. >> bob: it is too true. if they would come up dopped the right thing. >> dana: was it true in 2007 when obama voted...
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be a lot of regulations there's a lot of smaller regulations state level regulations and fears about tax code or that's the the rhetoric that business leaders are largely focusing on and where i do think that today's data is nonce sort of reflecting the reality on the ground is that sure you've got a lot of profits at these large corporations but what we haven't been seeing is investment in the economy and that's the reason why the economy is weak that's the reason why import unemployment is still a significant problem is you can make a lot of money you can borrow money from the fed for basically free and then you can loan it back to the government and make a three percent profit on the free money that you got in the first place and you can rack up a lot of profits but that doesn't necessarily mean that we have a strong economy without actual investment in the economy itself we're not going to see economic growth so just jim let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of the trickle down economics so
be a lot of regulations there's a lot of smaller regulations state level regulations and fears about tax code or that's the the rhetoric that business leaders are largely focusing on and where i do think that today's data is nonce sort of reflecting the reality on the ground is that sure you've got a lot of profits at these large corporations but what we haven't been seeing is investment in the economy and that's the reason why the economy is weak that's the reason why import unemployment is...
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corporate profits are the highest they've been under any president since world war two take a lot after tax profits are up one hundred seventy one percent the s. and p. five hundred index has gone up eighty percent since the president took office and here are a couple examples of how well corporations are doing caterpillar. profits grew thirty two percent since last year and yahoo earnings per share grew sixty seven percent since last year now whether these profits are because of the president's policies or in spite of them it's all in the eye of the holder for more on corporate profits i was joined earlier by r.c. producer justin underhill as well as anthony around as though he's the director of economic policy at the reason foundation i first asked anthony if president obama based on the numbers is really that close to being a socialist. well it all depends on how you define socialism i think even the president that he's in favor of redistribution of wealth and that's a good things it's all about like the language the language that's used it whether or not it's positive or negative gets g
corporate profits are the highest they've been under any president since world war two take a lot after tax profits are up one hundred seventy one percent the s. and p. five hundred index has gone up eighty percent since the president took office and here are a couple examples of how well corporations are doing caterpillar. profits grew thirty two percent since last year and yahoo earnings per share grew sixty seven percent since last year now whether these profits are because of the...
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Jan 14, 2013
01/13
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perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea tantaros. it's 5:00 in new york city. this is "the five." ♪ ♪ >> dana: earlier today, president obama held the final press conference of his first term in the east room of the white house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires disci
perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea...
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Jan 15, 2013
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so we raise taxes, we got pretty much exactly what obama asked for with a big tax hike and obama's response is, now we need a balanced approach where we raise more taxes. >> megyn: jonah goldberg, thank you. >> thank you. >> megyn: up next, a popular internet activist was faced with a possible 35 years in jail for hacking before took his own life. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. >> fox news alert. we told you at the top of the hour how ejust got word from the white house briefing that the the president will deliver his plan for the gun crackdown, however you want to phrase it, the executive orders that he is prepared to issue on guns in addition to the legislative push that we expect him to make around this time tomorrow. well, moments ago we just learned that the president will be joined by children from around the country who wrote letters to the president in the wake of the newtown tragedy, expressing their concerns
so we raise taxes, we got pretty much exactly what obama asked for with a big tax hike and obama's response is, now we need a balanced approach where we raise more taxes. >> megyn: jonah goldberg, thank you. >> thank you. >> megyn: up next, a popular internet activist was faced with a possible 35 years in jail for hacking before took his own life. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so...
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Jan 20, 2013
01/13
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republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country focuses on. he doesn't necessarily get to choose the results. he gets to choose what the country focuses on so we'll see. this is a big test for him to pick his priorities. >> that's why tomorrow becomes crucial. we'll learn a lot tomorrow. >> coming up, a rare look at a room inside the nation's capitol, a room that only a few people have ever seen. wow. would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutr
republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country...
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he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver bullet and there's no, as one of my friends said, no seat belt to put on to assure you will not be in this circumstance again. i'm going to be submitting to the president i think a proposal as to how to proceed. i'm shooting for tuesday, hope i can get it done by then. >> megyn: and the hits on the tape how it came to us. the vice-president talking the gun proposal, no silver bullet, but shooting for tuesday, the recommendations. thoughts on that, chris? >> we're grateful to vice-president biden, we're grateful to vice-president biden, all
he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver...
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Jan 16, 2013
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president said if he got his tax increase he would cut spending. he needs to fulfill that promise, but this is an important time for us to decide that we're going to make those hard decisions and cut spending. you really got two choices. we can balance the budget this year by not raising the debt limit or we can do the democrats' ray way and never raise it at all. actually, you are going to hear conservatives present a third option and that is put us on a path to balance within ten years. we can do that without cutting anything from what americans are expecting. that is what we need to do. >> neil: what bothers me the most, senator, we go through elaborate hoops to avoid this thing, trillion dollar coin even 14th amendment and giving the president sole discretion and then address the underlying problems that keeps creating that. why do we do that? >> the problem is not the debt ceiling or debt limit the problem is the debt. the reason why we have a legal limit on the debt if we keep borrowing we're going to hurt everyone who lives there. i think th
president said if he got his tax increase he would cut spending. he needs to fulfill that promise, but this is an important time for us to decide that we're going to make those hard decisions and cut spending. you really got two choices. we can balance the budget this year by not raising the debt limit or we can do the democrats' ray way and never raise it at all. actually, you are going to hear conservatives present a third option and that is put us on a path to balance within ten years. we...
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Jan 21, 2013
01/13
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we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha: yeah. i mean, stuart, as you point out the argument that is being waged now about really tax rerecall follow was something that conservatives offered the first time around as a good way to sort of change the system and bring in more revenues at the same time. now it looks like democrats including nancy pelosi say, no way, there is more revenue can come from this wealthy group. one of them is high-profile golfer looking to evade all of this apparently. >> the news broke this morning. talking about phil mickelson. he is california-based and he has had it with taxes. he says he is going to take dr
we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha:...
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self imposed out costs from society i will attack myself am i going to tax my brother understand my contacts my own immediate cause going to be basically attacked the columns of my anger and my frustration. that they got upgraded well into the shadows. two of the most violent gangs in u.s. history. as a stall model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches and then it legitimate.
self imposed out costs from society i will attack myself am i going to tax my brother understand my contacts my own immediate cause going to be basically attacked the columns of my anger and my frustration. that they got upgraded well into the shadows. two of the most violent gangs in u.s. history. as a stall model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches and then it legitimate.
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Jan 20, 2013
01/13
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we have seen anything but that really over the fights over the spending cuts and the tax hikes. do you expect this type of relationship, we'll call it that, between the president and congress to continue? >> i do think there will be that antagonism. we have to be realistic about that. i also think there are certain republicans who understand that while the president has to build a legacy, this is also about republican legacy. what kind of party do they want to be in the next four years? do they just want to continue to be the party of the permanent majority in the house, which can obstruct or do they want to focus on how you build towards being a party that can actually win the white house? this is where i think immigration reform comes in. that is a big first step for republicans to show that they understand, especially to the growing latino community, what they need to do in order to bring them in and, frankly, in order to build a path towards winning the white house in 2016 or even beyond. if they don't do that. if they don't focus on trying to figure out a way to get immigra
we have seen anything but that really over the fights over the spending cuts and the tax hikes. do you expect this type of relationship, we'll call it that, between the president and congress to continue? >> i do think there will be that antagonism. we have to be realistic about that. i also think there are certain republicans who understand that while the president has to build a legacy, this is also about republican legacy. what kind of party do they want to be in the next four years?...
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Jan 15, 2013
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. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it classy. probably sweeps the rooms out and does the dishes. >> eric: leave it there. directly ahead, glamour, glitz, controversy in tinsel township. yotown. stars gathered for the golden globes. we have our best moments. >> dana: next on "the five." ♪ ♪ back to new york and my colleagues with "the five." >> i really haven't been followen the controversy over "zero dark thirty" but when it comes to torture i trust a man who spent three years married to james cameron. >> kimberly: all right. well that was co-host amy having fun at james cameron's expense last night. "argo" and "girls" and "homeland" were the big winner bus the three-hour
. >> dana: can you write it off your taxes? >> kimberly: if you claim them as a depep dent. dent -- dependent. >> eric: i looked a at this and checked it out. >> kimberly: for research. >> eric: guy gives money toward the tuition. what does the girl do? >> dana: that was the seriously missing from the article. >> bob: what does the girl do? >> eric: i know what the girl does on the street but what does she do on the website? >> bob: keep it...
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Jan 14, 2013
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on the rich. >> taxes go up for singles making over $400,000 or more. it goes from 35% to 39.6%. >> 39.6%, mr. president? how is kim-ye supposed to afford a baby now? nation, nation, listen -- i don't want to brag -- but i make in excess of 400 large a year and by large i mean biggie fry, biggie coke. okay? i'm successful. if the government punishes me for it with the tax increase maybe i won't want to be anymore. >> it lowers the incentive of the people you want to take risks and to inknow rate is and to create. >> it's a disincentive to work. >> why do we want to punish success for crying out loud? why punish success? how can we makers continue to make what we make. why screen a personal husband and wife omelet team? maria, um bettero, i have terrible news. [ laughter ] thank god this horrible deal has loopholes. >> included in this bill were tax breaks for porto rican -- puerto rican rum growings, algae growers chnch -- >> stephen: which is why i'm proud to introduce captain colbert's pond rum. mmmmm, mmmmm. [cheers and applause] it's the only caribb
on the rich. >> taxes go up for singles making over $400,000 or more. it goes from 35% to 39.6%. >> 39.6%, mr. president? how is kim-ye supposed to afford a baby now? nation, nation, listen -- i don't want to brag -- but i make in excess of 400 large a year and by large i mean biggie fry, biggie coke. okay? i'm successful. if the government punishes me for it with the tax increase maybe i won't want to be anymore. >> it lowers the incentive of the people you want to take risks...
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Jan 14, 2013
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sales tax, correct? >> well, it's not quite. progressive is important to me, i don't want people to pay taxes if they have $20,000 a year worth of income. but at 30,000, i might like for people to pay $1. just $1. so they have a legitimate claim for saying, i'm part of the society, and i don't pay a lot, but i do pay something. everybody participates, and there's no game playing, it's a very efficient way to raise revenue. right now, it costs us $431 billion a year to administer the tax system we have, and the tax gap, the money we're not collecting that's theoretically owed is $400 billion a year. we could do better than that, we can think better than that. and the president needs to lay that out for us. >> even if we get more growth, we're still finding it difficult to get unemployment down. elaine cho served as george w. bush's secretary of labor. what would you do to create more jobs in america? >> i think you have to keep the tax rate low, they're a direct burden on the resources of the employer. th
sales tax, correct? >> well, it's not quite. progressive is important to me, i don't want people to pay taxes if they have $20,000 a year worth of income. but at 30,000, i might like for people to pay $1. just $1. so they have a legitimate claim for saying, i'm part of the society, and i don't pay a lot, but i do pay something. everybody participates, and there's no game playing, it's a very efficient way to raise revenue. right now, it costs us $431 billion a year to administer the tax...
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Jan 20, 2013
01/13
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first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what lessons from that experience that president obama can take as he enters into his second term? >> president bush had the advantage of being a governor where he had to work with other people on the other side of the aisle. he did that successfully in texas. when he got to washington, d.c. he was committed to govern the country, not just the one that demanded change. he wanted to work with the democrats and republicans to bring change to reality. he did a pretty good job of it. very first meeting that george w. bush had at the white house with people outside were leaders of the democratic party. he brought i
first term he reached across the aisle and got tax cuts for everyone even though the united states senate switched majority control from republicans to democrats in may of his first year in office. then he worked across the aisle to get education reform done. it can happen, but it takes a president who is willing to be presidential and really lead rather than just demand. >> eric: do you think he can take a page from george w. bush. what did you advise the president at that time and what...
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Jan 19, 2013
01/13
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he has made the tax code more progressive. i don't think anybody quite knows what we can do to get those millions of middle class jobs with wage gains that we need. it's a really, really pressing question for this economy. >> when people are living paycheck to paycheck who weren't ten years ago, that still becomes a problem even if you have health care and some of these other things. john, we are in the throes of partisanship in washington. even the president is pointing fingers. >> we are poised for a good year if we make smart decisions and sound investments. and as long as washington politics don't get in the way of america's progress. >> what breaks that juggernaut? can it get worse than this or -- please tell me this has got to be the bottom. >> every time we've said that it can't possibly get any worse in washington, it magically somehow gets worse in washington. we are in a surreal situation where right now probably the biggest impediment to america's recovery is the u.s. congress. if we have another downgrade, which is
he has made the tax code more progressive. i don't think anybody quite knows what we can do to get those millions of middle class jobs with wage gains that we need. it's a really, really pressing question for this economy. >> when people are living paycheck to paycheck who weren't ten years ago, that still becomes a problem even if you have health care and some of these other things. john, we are in the throes of partisanship in washington. even the president is pointing fingers. >>...
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Jan 19, 2013
01/13
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we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring. that doesn't bode well. neil: marco, quickly you see nothing to dissuade you or some of your colleagues from getting off that? >> businesses are still growing, neil but they're not growing as much as they otherwise would. and that uncertainty has a very real trickle down effect. i'll use us as an example. we're building a new gio pronto restaurant right now. i would have loved to borrow the total investment from people like joe and gold coast banking. no way i'm going to do that based on uncertainty. i go borrow less than i would oth
we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring....
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Jan 18, 2013
01/13
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i missed -- missing payments on the home to pay for taxes on this piece of property. my grandkids piggy banks, daughter's piggyÑ]9h banks my money, change and people just offered to help a little bit as they can.(bÑó he says he rolled them himself, staffers at the tax office spent time counting thrk but they d $14,000 worth. >> he's the worst nightmare, ever if you work in a tax office, oh no,. >> surprising they accepted it cash is cash. >> still ahead at 4:00 details in the murder of a wealthy businessman and gang ties that could be connected to his death. >> a bizarre story involving a notre dame star and his fake girlfriend. police are still questioning who was involved in thisx&e#p h. >> talking about smart phone jhñ new and a look at technology that could guarantee you'll never take >>> we're learning more now about the home invasion murder of a healthy south bay businessman. >> and the threat that binds them altogether. >> vic lee is in thex0dt newsrm with more on that. vic? >> the story reportedly involves gangs, prostitution and an unsafeory relationshi
i missed -- missing payments on the home to pay for taxes on this piece of property. my grandkids piggy banks, daughter's piggyÑ]9h banks my money, change and people just offered to help a little bit as they can.(bÑó he says he rolled them himself, staffers at the tax office spent time counting thrk but they d $14,000 worth. >> he's the worst nightmare, ever if you work in a tax office, oh no,. >> surprising they accepted it cash is cash. >> still ahead at 4:00 details in...
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Jan 14, 2013
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i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight,
i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 14, 2013
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b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be a attacked voluntary sis rously by people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to become an american citizen. >> what would you say to the republicans who will say, look, they should be deported? >> yes. >> they should never have a path -- >> and you think what you say to them, look what your position got us in this last election. we need to pay attention to demographics. okay? i said we need to be the party of hope and opportunity. not the party of anger and resentment. >> illegal immigration is just one problem with our current system says michael bloomberg, the mayor of new york city and one of america's most successful
b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be a attacked voluntary sis rously by people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to become...
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Jan 20, 2013
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people that pay taxes in this beautiful nation. we have people coming in -- and i will use my own place of birth, cuba. >> i will stop you there. two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents we have seen recently, in newtown, aurora, colorado. i think there will be time to get into the thick of these issues after tomorrow, but tomorrow will be a chance for the president, really, to bring the country together and say we need to reach common ground on some of the major problem we face. >> you were inside the bush white house. the president put on the table two big domestic agenda items, immigration reform, primarily because his own party said no, and social security reform. >>what advice would you give president obama, based on the lessons tha
people that pay taxes in this beautiful nation. we have people coming in -- and i will use my own place of birth, cuba. >> i will stop you there. two issues that you put on the table that the present will be facing, immigration, the debt and deficit. >> that is absolutely true, these will be two big issues. on the gun-control issue, but no one is talking about taking everyone's guns away. they are talking about sensible, common-sense measures to prevent some of the tragic incidents...
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they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then "the simpsons" movie was released worldwide grossing 527 million by 2011 the show made it $1 billion of profits and has a star on the hollywood walk of fame. the first fox show to break into the top 10 ratings its premiere in 23 years ago today. new report showed 2013 did have a bigger housing recovery. stay with us. ♪ gerri: 2013 housing forecaster out and looking good. gerri: well this year is shaping up to be a great year for housing. forecasting prices to soar after 7.5% lesser. total home sales for the year marking the first increase since 2005. joining me now, vice chairm
they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then...
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taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of the gas tax which would save eighteen cents really eight hundred cents on every gallon does that not help the poor so the people as i you know be as i say this is the gasoline companies the oil companies are getting a free ride on their external nobody's covering their up and for the cost of that you know what the poor people without a polaroid not answer here outside or milk or can our behavior after their own interests only the burger. it's of no their interest and this was the result of months. just organ it is of our society for gas. that's what i just heard no that is not what i just argued what i what i am arguing is that if there are extra analogies that what what you guys in your corpora
taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of the gas tax which would save eighteen cents really eight hundred cents on every gallon does that not...
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and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector overbearing, not reasonable but overbearing government regulations. we believe there is an unlimited ability for prosperity. the left believes it is a fixed amount. and everybody gets a slice of it. but you don't hear of a left articulating a response to that discussion because what obama wants to do is force the redistribution. and if honest about that, honest about his goals of not equalizing everyone but bringing them down and that is what happens when you try to equalize and come if he were to be honest about that and give a philosophical defense the american people would reject it resoundingl
and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector...
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tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators, all of these talking about cutting entitlements the social security and i'm 85 years old. i started paying in when i was 15 years old working on the power line in west virginia. that is my home state. it is so corrupt, social security. they need to get these doctors and lawyers off and encourage people to go one social security and disability. host: on twitter. james in new york, republican. caller: hello. presently i'm still waiting for insurance, which i pay a premium on, from 7sandy. fema is out of money and i think they will vote this morning to do ad to the people who'd pre
tax credits to companies. they want all of these tax revenues, subsidies, everything. they should have to promise that if they build in this township, county, state, that they should stay for x number of years and if not pay a penalty. they deliver their prompt out and then they move overseas. -- they deliver their product. host: on twitter. more on open phones this morning. bakersfield, calif., democratic caller. caller: i just want to comment on the social security. the congressmen, senators,...
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tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite because progressive is important to me. i don't want people to pay taxes if they have $20,000 a year worth of income, but at $30,000, i'd like people to pay 1 dollar, just $1.00 so they have a legitimate claim for saying i'm part of the society and i don't pay a lot but i pay something. everybody participates. there's no game playing. it's a very efficient way to pay taxes. right now it costs over $31 million a year to administer it. the tax gap that we theoretically owe is $41 billion a year. we can do better than that. we can think better than that. and the presi
tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite...
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the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on the debt ceiling. i think that was smart. but the reason they did it was they thought a trap had been set and if they didn't, they would look bad. i think that's what would have happened. but that's an idea what have chris is talking about. >> chris, brit, thank you. >> you have a leak in your roof, you if i can it, right? >> but what happens when the capitol building this has a lot of leaks? we'll show you, after the break. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generatio
the republicans wouldn't vote for tax increases for millionaires -- for tax increases for millionaires. you could do it on guns, you could do it on immigration. you have a lot of tough issues s and you force the republicans to make ugly votes and that's their strategy. that's their strategy to take control of the house. >> the premise of that scares enough republicans into enough action to get mobilized. >> look at what just happened. the republicans in the last day or so, punted on...
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what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its people last year. how is this different? >> well, they go where the money. lots of people have the money. more important, they are targeting small business owners and these are the guys are taking, they have targeted them and that is where the money is. gerri: okay, a lot of people will not be happy to hear that. let's talk about the rest. >> once people get dreaded notice in the mail, typically that is the irs looking for classification and clarification of information. they can come to your office to your account office. >> so i have hav
what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its...
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we've gotten tax increases. albeit went from the 250,000 limit to 400,00 but at the end of the day it is still a tax increases on small businesses and entrepreneurs like myself who, remind you, many years may have gone with little or no pay. have risked absolutely everything, at times, we even mortgaged our house for our business. and then when we finally do make it and reach a certain income level the government steps in and takes more of our money. somehow that to me is not a pro-growth policy and doesn't encourage growth. neil: are you seeing growth, to his point, are you see some pickup in loan activity because the argument you hear in the white house and other democrats is that that might be the quiet wind behind our back? that might be the pickup that we're seeing in housing and manufacturing data and in some of these job figures. it is picking up. that might ease angst like yours? >> no. we're, we're, actually, what we're seeing is, in the, in the past six months there was that glimmer of hope, the glimme
we've gotten tax increases. albeit went from the 250,000 limit to 400,00 but at the end of the day it is still a tax increases on small businesses and entrepreneurs like myself who, remind you, many years may have gone with little or no pay. have risked absolutely everything, at times, we even mortgaged our house for our business. and then when we finally do make it and reach a certain income level the government steps in and takes more of our money. somehow that to me is not a pro-growth...
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tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. he said later on the soviet leaders kept a dying on him. -- dying on him. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing away with the whole class in what became known as the inf treaty. host: a speech in june of 1987 in berlin. [video clip] >> we welcome change and openness. we believe that freedom and security go together. the advance of human liberty, the advance of human liberty can only strengthen the cause of world peace. there is one sign that the soviets can make that would beunmistakable, that would -- be unmistakable, that would advance dramatically the cause of freedom and peace. if you seek peace, if you seek peace and prosperity, if you seek liberalization, come here t
tax reform, the elimination of an entire class of nuclear weapons. reagan and his first term had spoken about the evil empire. he said later on the soviet leaders kept a dying on him. -- dying on him. one thing led to another. there had been no discernible progress. i do not think many people on january 20, 1981 would have anticipated ronald reagan's greatest historical accomplishment would be significant arms control. not just slowing the rate of increase in nuclear arms, but actually doing...
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taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, sout
taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the...
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later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected, president become become used kids as backdrop addressing the american people on the plans for a new gun control. here he is. just hours ago. >> these are smart letters from some pretty smart young people. hennah a third grader. you can wave. that's you. henna wrote, i feel terrible for the parents who lost their children. i love my country and i want everyone to be happy and safe. grant -- go ahead and wave, grant. grant said i think there should be some changes. learn from what happened at sandy hook. i feel really bad. >> eric: the president outlined a series of proposals including closing backg
later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected,...
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and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the idea that we could eliminate the individual income tax. >> greta: i imagine though if you're taking advantage of that sales exemption tax you're not going to be particularly fond of this idea. how are you going to convince those people it's a good idea? >> well, that's the challenge we have, but again, many of these were implemented four or five decades ago. we have a different economic environment then and again, as i talk to business leaders, they said, you know what? if you can make it simpler and fairer we're willing to go
and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the...
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cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average taxpayer, a w-2, there isn't much pushback. a small business owner has a lot of expenses. the uk the car after dinner wa't your wife? the irs is targeting where the money is. a lot of the expenses are up for grabs. >> they are high income taxpayers, these are the people who are in the crosshairs. foreign transactions would be more likely. is that i? >> is possible, especially for a larger business owner. i think travel entertainment and things like that are expensive. anything that. you know, we define a small-business owner and under a hundred employees. we can be substantial employees. gerri: a lot of businesses us
cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average...
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the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in the early 90s toward simpson was america's favorite character in fact introduced during its peak. for the 1 million shares sold on a given day bringing in $2 billion in revenue during the first 14 months. in 2007 the simpsons movie was released in theaters worldwide. it grossed $527 million sold $750 million in simpson's related merchandise. by 2011 the show made $1 billion in profits. this initiative 25 emmy nominations or awards and a star on the hollywood walk of fame. the first fox show to break into the top 10 in the ratings, "the simpsons" premiered o permit ons business day january 14, 23 years ago today.
the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in...
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it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not ignore them. everybody wants to talk about who is going to be the candidate you better think first about what's the party actually going to represent? if it's just gonna represent the far right-wing of the political spec trouble, i think the party is in difficulty. i'm aed moderate but i'm still a republican, that's how i was raised. until i voted for mr. obama twice i voted for seven straight republican presidents. >> a couple of other foreign policy matters, what should the force, u.s. force in afghanistan look like after ne
it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not...
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yes i remember the one well the rich are all of the poor pay taxes. yeah here's my. history have history agree. that. the future is that the rich have never had to pay taxes. by a large. target of loopholes whatever. do you have time to get around that yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are generating a large amount of income are also using a lot of the commons these are more the court systems to enforce their contracts so using more of our federally protected banking systems and our our currency systems because they've got more of that stuff there they're using more of the commons and therefore they should be paying more for their share of the commons i also think that progressive taxation is a healthy thing because it establishes a a more equal society more egalitarian society and what we find is that the more unequal a society is the more violent
yes i remember the one well the rich are all of the poor pay taxes. yeah here's my. history have history agree. that. the future is that the rich have never had to pay taxes. by a large. target of loopholes whatever. do you have time to get around that yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are...